PancakeSwap Update – Do NEW tokenomics make it worth buying?
Come Chat In The Discord: https://discord.gg/qQcjtnZBZu
Join The Mastermind: https://definance.teachable.com/p/crypto-passive-income
Chapters for Skipping Around 👇
0:00 The Setup
1:00 Price Review
1:43 CAKE Tokenomics
7:06 PancakeSwap Flexible vs Locked
PancakeSwap has some new tokenomics that were just voted on last week that might make the CAKE token something to watch moving forward.
Previously I wasn’t into it because of the uncapped supply, but they’ve since introduced a cap on the supply of 750,000,000 as well as a design they should keep more of the circulating supply locked up.
The question for me in the future is going to be, without the incentives, will people in the future flee the platform for the next shiny object.
Hope you enjoyed the video.
PS: I am not a Financial Advisor and any investment commentary are my opinions only. All trading involves risk so be sure to do your own research before making any investment decisions. Some of the links in this description are affiliate links that I do receive a commission for. Thank you!